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we either have a wave 1 of a new bull market or more backing and filling


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#1141 K Wave

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Posted 09 June 2023 - 07:18 AM

The big battle happening right where expected....this is the one bulls must win....

 

Failure here and back below the big pivot would not be good.

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1142 K Wave

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Posted 09 June 2023 - 07:20 AM

G/S still lookin' hopeful for Silver bulls....2 hour now rolling fully over.

 

But again...above that huge pivot at 84 could be problematic....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1143 K Wave

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Posted 09 June 2023 - 07:50 AM

No breakaway upside gap brewing thus far on GDX....

 

Bulls must clear first 31.60, and then 32 to get it done

 

It DOES have the Shale N Bake "look" to it...but sometimes the oven does not heat up....

 


Edited by K Wave, 09 June 2023 - 07:51 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1144 K Wave

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Posted 09 June 2023 - 08:43 AM

And there's your GDX pivot....careful until that is actually broken upside....

 

Thus far..yet another Close, but no Cigar.....

 


Edited by K Wave, 09 June 2023 - 08:43 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1145 K Wave

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Posted 09 June 2023 - 09:52 AM

Possibility bears are almost out of juice on GDX...over 31.60 is what is needed

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1146 senorBS

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Posted 09 June 2023 - 10:06 AM

adding silver only today, SILJ and HL, now 25% long, as always DYODD Note SILJ/SLV ratio incredibly registered a marginal new 3 plus yr low this morning with daily and weekly RSI divergences at very oversold levels, we see

 

Senor



#1147 dharma

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Posted 09 June 2023 - 01:49 PM

interesting observation on mcclelland on oil and gold http://www.321gold.c...llan060923.html

dharma



#1148 Smithy

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Posted 12 June 2023 - 06:44 AM

Silver needs to pick up her skirts and run within a few days; bulls are running out of time

#1149 Smithy

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Posted 12 June 2023 - 06:44 AM

Dupe

Edited by Smithy, 12 June 2023 - 06:45 AM.


#1150 Smithy

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Posted 12 June 2023 - 01:49 PM

Hourly spot silver chart correction over, A= C?

Either that or its wishful thinking.  Currently 24.07